Some will call me cheap, but I tip $10 for wine regardless of the price of the bottle, maybe $20 if it's a real swanky place and my employer is paying. They don't put in any more work on a $400 bottle vs. a $40 one. Why is it different for wine than food? Do they put in more work carrying out a $10...

The expense ratio is .16% so OP will be losing $10 for the hassle of moving it over. Still worth it?? OP will not lose $10 because the SEC yield includes the expense ratio. I move easy things for $30 all the time. You sure about that? The definition on Vanguard says nothing about the SEC yield incl...

To put this in perspective, the difference of .12% on $25k is $30 per year...and it would be less after the expense ratio This is Bogleheads. Based on the comments I read, there are plenty of people who would go through the hassle to switch for $30. :D The expense ratio is .16% so OP will be losing...

would like to take the cash and put it into a Short/Mid Term investment that would provide a Low Risk , Principle protected investment that would provide a 4-6% after tax , annual return to supplement my current retirement income. This does not exist, and anyone offering it is trying to rip you off...

I'm glad I don't drink in restaurants. To read that a person pays $50 for food and 1.5 times that for wine is so strange to me. Can people not hold off for an hour or two? But to OP, I agree. The few times I have been forced to order wine for others (I always pay :oops: ), I applied a $10 tip for i...

Some will call me cheap, but I tip $10 for wine regardless of the price of the bottle, maybe $20 if it's a real swanky place and my employer is paying. They don't put in any more work on a $400 bottle vs. a $40 one. Why is it different for wine than food? Do they put in more work carrying out a $10...

A lot of the most talented students today are going to where the highest compensation is, which is finance (i baking, private equity, hedge funds) and tech start ups. There are still plenty of smart kids going into medicine and law, but it seems like lower numbers of the top tier students do each ye...

That is absurd. Reason number 7,000 not to use a Edward Jones. It does not seem legal or at least I am doubtful it’s within company policy. I’d call customer service and ask to get elevated to the manager. If they can’t help you I’d make an empty threat like you’re going to publish this story somewh...

I walked into a house without an agent for a $4 million house. I told the guy I’d like him to represent both sides of the transaction but for 1% instead of 2.5% and he wouldn’t budge at all. He could have made $40k for a few hours of work but he viewed 1% as beneath him. I ended up using a friend wh...

I currently have my bond allocation in Vanguard Total Bond Market. Given I’m young, I’m considering switching to something with a similar duration but slightly lower credit quality to increase the expected yield. I am considering Vanguard Intermediate Term Corporate Bond Market (VICSX) which is simi...

It’s a good idea given the facts you’ve told us so I’d go ahead with it. However, the gains on $5k are not going to save you much in taxes. Let’s say that $5k becomes $20k over the next 25 years, you have a $15k gain and at 20% capital gains that’s $3k in savings. It’s not nothing but it’s not a ton...

There are many exceptions to this. I am a millennial and have over $2 million saved for retirement. Of my group of friends who are all millennials, I am pretty confident that at least 90% of them has at least $100k saved for retirement.

I have a spreadsheet I list each of my accounts and then each of my holdings and amounts in each of those accounts. I also list whether the account is helf in taxable, 401k or IRA For stocks, I have columns that show what % small, mid and large cap and what % US, international and EM each of my inve...

LA homeowner here. It seems like you have enough equity in your current home to simply use that equity as your down payment for your new home without liquidating any other assets. You could put more money down if you wanted, but with interest rates where they are it’s probably not advisable, but tha...

Please, only reply if you've ever been audited. To my audit I brought many files of paperwork. IRS agent was really nice, pleasant and friendly. He asked many questions; I offered explanations. It was a full audit: slated for every form of the tax return. We plodded through, line by line. And I pro...

It seems a lot of people in this thread don’t fully understand how diversified Amazon and Google are. AWS and Amazon Media may be worth $200 billion (mostly from AWS) and Waymo (autonomous cars) and YouTube may be $100-$200 billion. Basically, there are segments within these businesses that some peo...

If I had to take an all or nothing wager on those three for best returns after 20 years, I'd go with Amazon. To me, they are the most diversified and are trying to grow well beyond their current reach. E.g. grocery, shipping, pharmaceutical I love Amazon, but Google is much more diversified in my v...

I own three individual stocks - Google, Amazon and NVIDIA. I like the 10-15 year prospects with all of them. Google - dominant search position making bets in the right areas - cloud, artificial intelligence, autonomous vehicles, etc Amazon - only about 9% of sales done online today. I think that goe...

I would say private equity and venture capital are the most interesting. You get to meet a lot of management teams and are constantly putting on your investment cap and making decisions on the capabilities of the business and the management team as well as potential ways Tj improve it. You can also ...

My case: REITs are bad investments in a rising interest rate environment since they run on borrowed money. REITs are volatile. If they drop significantly, then that will be the time to buy them, but be prepared to sell them if they go up quickly, too. If there is a 20% correction, then there will b...

I went to a Barcelona Real Madrid game in Barcelona last August. I bought them online through the Barcelona ticket office the day they went on sale and they were around 200 euros each for very good seats. If you waited too long, you are likely dealing with aftermarket tickets at much higher prices. ...

What an odd post. The stock market is all the way down to where it was one month ago. Unless you put your life savings in the market within the last few weeks, this is not even a re-balancing opportunity for those holding bonds. I am 95% equities and put about $50k of my bonus that I received last w...

Picking 12/31/2000 by eyeball and intuition as the start of a period of time during which Amazon grew fairly steadily... Source https://imgur.com/rrX0xCk.png Since then, over a period of 17 years, Amazon has grown about 75X while the stock market as a whole has grown only 3X. That means that Amazon...

Blockchain will revolutionize many industries [...] Curious about what industries you think will be revolutionized by blockchain... Blockchain is a technology that lets you create an incontrovertible (practically speaking) public record of transactions/contracts. This is especially useful in situat...

Early cryptocurrency adopter/speculator here (Bitcoin, altcoins, etc). I sold 95% of my holdings over the past month (after taxes I will have around $7 million left over). I am in my early 30s, single, stable employment in a field I enjoy so I plan to continue a frugal lifestyle as if nothing chang...

You could always invest in the Crypto Co (ticker CRCW). It has an 11 billion market cap and about $500k of quarterly revenue. You’ll have to wait until January 3rd though because the SEC halted it for trading.

Blockchain will revolutionize many industries, but I haven’t figured out the best way to invest in it. It’s like saying you want to invest in the internet, but the issue is numerous internet companies still went bust. If there’s a good diversified way to do it, I’d invest. But I’m certainly not jump...

I have heard nothing of this and actually just bought some more VTI yesterday in my TDA account (a very small amount). If they drop VTI (the only thing I buy there) as free, I'll wait for all my investments to become long term, sell all but one share and put all the money in Schwab. TDA never calls...

Buffett views Apple as a consumer products company, not a technology company. Also, the P/E has been and continues to be extremely low for a company with its growth, margins, cash flow, market share, customer loyalty and so on.

I have heard nothing of this and actually just bought some more VTI yesterday in my TDA account (a very small amount). If they drop VTI (the only thing I buy there) as free, I'll wait for all my investments to become long term, sell all but one share and put all the money in Schwab. TDA never calls...

I have used the Utah plans for my two grandchildren now for several years. I chose them because they have been recommended by Morningstar after their careful analysis of all the available plans throughout the US. The Utah website is easy to use. There are now many good plans. We use NV, UT, and NY....

My wife is pregnant and I am trying to decide on a 529 plan for our daughter. For those in a state without a state income tax break, which 529 did you pick and why? The Vanguard Nevada 529 seems like an obvious choice for ease and given the low fees, but I have not done much research yet so wanted t...

In 2018, the annual gift tax exclusion is increasing to $15k. That means if you super fund it, you can put in $75k per adult or $150k in one lumpsum. That may or may not be overkill depending on childs aspirations and ability so you may or may not want to put in quite so much. If you look at cost o...

CA actually has reasonable funds with low expense ratios. While CA doesn't have any state tax advantage for using their 529 they are one of the lowest cost 529s around. This wasn't always the case. You can contribute a max of $28,000 a year as a couple to a given child without this affecting your e...

My wife and I will be welcoming our first child in April and I have been thinking about opening a 529 for her. We live in California and are in the top federal and state tax bracket. While I've read up on 529s some, I wanted to ask the board what I should be aware of when opening one and if there ar...

I believe both Alibaba and Samsung fall into this category and are not included in TSM, Total International or Emerging Markets, correct? No, not correct. Mostly echoing points others have made above: https://s10.postimg.org/kmbc6jkrd/Captura_de_pantalla_2017-07-18_a_las_8.52.15_PM.png Both have $2...